Can the goverment do anything to avoid another recession?
As the current recession was caused by the subprime lenders and collateralized debt obligations and so on. What can the goverment to avoid another recession?
Asked By: - 8/24/2009
Best Answer - Chosen by Asker
The government cannot do anything to prevent any recession. The belief that it can is the fundamental fallacy of 20th century economics... More
Answered By: mtlmnr49 - 8/24/2009
Additional Answers (8)
the current recession began from things that started happening under reagan.
Answered By: short and to the point - 8/24/2009
Actually, this and every recession has its roots in Herbert Hoover's presidency, when he started the policies that were continued and enlarged by FDR to become the New Deal. Since that time, government has taken on more and more obligations for which it has a) no Constitutional authority and b) no money. In addition... More
Answered By: hammy - 8/24/2009
Only if they stay out of the free market. Stop putting so many regulations on companies of all kinds. Shrink the size of the government and lower the taxes on the people. We will see another round of economic recession next spring due to another round of mortgage ARMs coming due thanks to Barney Frank and co... More
Answered By: the rick - 8/24/2009
By conventional wisdom, the housing bubble, credit crisis and collapse in consumer spending caused the recession... More
Answered By: Amber Rose - 8/24/2009
Why would they want to avoid another recession? the people who are behind the government make an absolute fortune from it and that is why they are planned in the first place.
Answered By: ordoabchao2100 - 8/24/2009
I don't think our current (UK) government is capable of anything. I even consider it incapable of organising a party for inebriates in an ale production facility.
Answered By: David W - 8/24/2009
It would help if they would call a General Election.
Answered By: Lorne - 8/25/2009
No. All any government can ever do is affect the time between growth and recession. This is because the economic cycle cannot every sustain continual growth; it is impossible to do so. There will always be a tipping point where an economy can grow no further and drops into first recession, then depression, recovery... More
Answered By: Beastie - 8/26/2009
Over 483 Local Jobs Now Hiring In Your Area. $18-$87/Hr - Apply Today!
Click. Search. Apply. Free!
Jobs hiring near your local area. Part-time, Full-time, Work at home.
Sobre 287 Trabajos en tu area. $15-87/hora - Aplica Ahora.
Other Career Questions
What is your current job? Why did you choose this job? What do you enjoy about your job? What do you dislike about your job? What would be your perfect job? Would you rather have this j...
Where are the jobs? Is productivity and globalization creating a permanent “recession” of jobs? My main issue is I am doing a paper for school and have no idea where to begin. I was hoping suggestions...
Hi ok im 19 and about to start college to do an acess course into a university. Ive been browsing through all the courses and im tottaly stuck! I thought politics but im scared ill end up with some r...
Content is not owned or controlled by Monster. Any content concerns should be addressed with Yahoo!
Yahoo! Does not evaluate or guarantee the accuracy of any Yahoo! Answers content. Yahoo! Disclaimer.
Best-Paying Work-from-Home Jobs
It’s easier than ever to work from home. Of course, not every job is a mobile job, and some companies aren’t interested in having their employees work from home.
2013 Marketing Jobs Outlook
The US may be facing another year of anemic hiring overall, but that won't be the case in the high-orbit world of multichannel, digital media marketing.
2013 Engineering Jobs Outlook
Engineers will find job opportunities in select disciplines in 2013, with candidates who are all-around, client-oriented businesspeople in demand.
Best-Paying Jobs by Major
What could you earn with a particular four-year degree? Find out by checking out this list of the top-paying jobs for 20 of the most common majors.
Eight High-Paying, Secure Jobs
Want to earn a good salary and enjoy a measure of job security as well? Check out these well-paying jobs on tap for fast growth in the coming years.